Mass. Sen. Candidate Coakley Shows No Large Assets

GLEN JOHNSON

BOSTON (AP) — Financial disclosure forms filed by Massachusetts Attorney General Martha Coakley in her bid for the U.S. Senate offer an unusual revelation: Despite a six-figure salary, she has no reportable assets worth more than $1,000.

Primary residences are excluded from the form, and Coakley owns a house in Medford, but her staff would offer little other insight into what she does with her money. An aide says she has a checking account to pay bills, but its balance does not exceed a threshold requiring disclosure.

The five-page form showed Coakley was paid $135,000 as attorney general last year, and her husband — a retired Cambridge police officer — has a pension of more than $1,000 annually.

By contrast, Democratic rival Stephen Pagliuca filed a 94-page disclosure form. The multimillionaire co-owner of the Boston Celtics reported at least $5 million to $25 million alone in one cash account, generating interest income of between $100,000 and $1 million.

All told, he had assets worth between $260 million and $765 million. The forms' broad disclosure ranges prevented any more precision. Pagliuca has refused to confirm or deny previous reports estimating his fortune at $400 million.